In 2009,the G -20 Nations Agreed to _______________

question 39

Multiple Choice

In 2009,the G -20 nations agreed to _______________

• A)increase subsidies to fossil fuel industries by 10 -12%
• B)double the subsidies to fossil fuel companies
• C)postpone developing renewable energy resources until 2050
• D)set a goal to produce 60% of their energy from clean,renewable sources by 2030
• E)gradually phase out their fossil fuel subsidies

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Definitions:

General Sales Taxes

A tax imposed on sales transactions, usually calculated as a percentage of the sales price and collected by the seller at the point of purchase.

Personal Income Taxes

Taxes levied on the income of individuals, typically graduated so that higher income levels are taxed at higher rates.

Progressive

Describes a tax system where the tax rate increases as the taxable base amount increases, typically aimed at reducing income inequality.

Proportional

Having a constant relation in degree or number between two or more variables.